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Settlement of Accrued value by period in RA

former_member523116
Participant
0 Kudos
167

Hi,

For example:

Revenue plan from Sales Order: $12000 - Overall (Plan for 12 periods from Jan - Dec)

Billed in 1st month (Jan): $2000

RA valuation:

Actual Revenue: $2000(Periodic)

Plan Revenue: $12000 (Overall)

When I run the settlement: Accounting Document Shows:

50 Accrued: 12000-2000 =($10000)

40 Unbilled: $10000

50 Rev Settlement:(12000)

40 Rev Settlement (WBS w/CE): 12000

NET is ZERO. (Which is right)

My Question: In the above example Accrued for overall value instead for 1 period. Customer is billed on monthly basis.So my accrued account should be shown 2000-2000 =0 (if billed) in period 1.

Using: RA method:03 -Cost based POC with only plan revenue valuation. No costs.

Thanks,

Krishna

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